The Chigwell conveyancing firm handling our Chigwell conveyancing has uncovered a discrepancy when comparing the surveyor’s assumptions in the home valuation report and what is in the legal papers for the property. My solicitor has advised that he is duty bound to ensure that the bank is happy with this discrepancy and is content to go ahead. Is my conveyancer’s course or action appropriate?
Your property lawyer must comply with the UK Finance Lenders’ Handbook provisions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
How up to date is your database of Chigwell solicitors on the Yorkshire BS conveyancing panel? Do Yorkshire BS send you an updated list?
Chigwell conveyancing firms themselves provide us confirmation that they are on the Yorkshire BS conveyancing panel as opposed to being supplied with a list from Yorkshire BS directly.
We are purchasing a house and the lawyer has referenced Chancel Repair for which the property could be liable given it’s proximity to the area of such a church. He has mentioned insurance. Is this strictly required for conveyancing in Chigwell
Unless a prior acquisition of the house completed post 12 October 2013 you can assume that lawyers handling conveyancing in Chigwell to continue to recommend a chancel search and or insurance against a claim.
I am buying my first flat in Chigwell with the aid of help to buy. The builders would not move on the price so I negotiated 6k of fixtures and fittings instead. The sale representative suggested that I not reveal to my conveyancer about the extras as it may affect my loan with the lender. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
How do I identify a Chigwell solicitor on the Santander conveyancing panel? I have a car and am prepared to travel upto 10miles to meet the solicitor.
Feel free to make use of the tool on this website. Please pick a mortgage company and your location and you will see a number of Chigwell conveyancing lawyers locally. We have detailed some Chigwell conveyancing firms towards the end of this page and you can contact them to verify whether they are on the Santander approved list